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Dec 10, 2012
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today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. i ac
today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate...
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Dec 10, 2012
12/12
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this may be the critical week for a deal on the fiscal cliff. general electric ceo jeff immelt will tell us what's at stake in the u.s. and around the world. >>> and we'll talk with the ladies from "the talk" who are spending part of the holidays here in new york city. >>> first, here's a look at today's "eye opener at 8:00." >> the white house meeting here between president obama and speaker boehner occurred after the president extended that invitation to boehner on friday. >> there are 22 days left till the fiscal cliff deadline. there is no deal yet, but the two leading players are now talking face to face. >>> the colorado doctor kidnapped in afghanistan is safe this morning after a daring rescue mission by a team of navy s.e.a.l.s. >> the key to these things is surprise, speed and action. you get in there before they know you're coming. you're to the door before they know what's going on. >>> the upper midwest is digging out from its first major snowstorm. >> minnesota bore the brunt of this weather, some spots getting 16 inches of snow. >>
this may be the critical week for a deal on the fiscal cliff. general electric ceo jeff immelt will tell us what's at stake in the u.s. and around the world. >>> and we'll talk with the ladies from "the talk" who are spending part of the holidays here in new york city. >>> first, here's a look at today's "eye opener at 8:00." >> the white house meeting here between president obama and speaker boehner occurred after the president extended that...
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Dec 11, 2012
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stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-bombs. did you get one of these. retailer is seeing quote, high single-digit expansion in same-store sales this quarter. shares rose more than 4% on the news. it is our top story tonight. un-busters cracking the bedrock of labor unions in michigan even though fiery protests rocked the state capitol all day today they were out there. its house of representatives has passed two right to work bills making it possible for workers to volunteer to belong to a union and pay dues. michigan governor rick snyder could sign bills into law any minute now. so is this the end for unions? joining me
stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-bombs. did...
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Dec 9, 2012
12/12
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. >>> we are 23 days away from the miss fiscal cliff deadline. can congress and the white house reach a deal? david gregory is moderator of "meet the press." good morning. >> willie, good morning. >> we've heard a lot of tough talk, pes sichl surrousimism su negotiations. you spent time on capitol hill and came away optimistic. why? >> what's changed from the last debacle speaker boehner has more room within his own ranks. the republicans have done away with the feeling they have to oppose the president because the election is coming and they want to deny him a big victory. there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's going into the negotiations. the question is whether the president is willing to give up on that. lot of liberals don't want to give too much in the way of medicare cuts. >> one of speaker boehner's guiding principles, being for republicans an
. >>> we are 23 days away from the miss fiscal cliff deadline. can congress and the white house reach a deal? david gregory is moderator of "meet the press." good morning. >> willie, good morning. >> we've heard a lot of tough talk, pes sichl surrousimism su negotiations. you spent time on capitol hill and came away optimistic. why? >> what's changed from the last debacle speaker boehner has more room within his own ranks. the republicans have done away with...
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john boehner says he's still hopeful a fiscal cliff deal will happen, but he and other top republicans today plan the husband's latest proposal. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> simultaneous tax hikes and spending cuts could happen at the start of the year if a deal isn't reached. nelson mandela is responding to treatment for a lung infection. that is according to statements from south african president zuma. he was rushed to the hospital over the weekend, 94 years old. >>> hugo chavez's six-hour surgery was apparently a success. chavez announced saturday his cancer has returned but he has never said what type of cancer he has. >>> near portland, oregon, police say this shopping mall was bustling with 10,000 people when a mass gunman believed to be in his 20s opened fire. witnesses say he fired at random, killing two people and leaving a third victim, quote, fighting for her life. shotgun blasts he cechoed throu the mall and sent them running for cover. >> i wa
john boehner says he's still hopeful a fiscal cliff deal will happen, but he and other top republicans today plan the husband's latest proposal. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> simultaneous tax hikes and spending cuts could happen at the start of the year if a deal isn't reached. nelson mandela is responding to treatment for a lung infection. that is...
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first, though, with just over three weeks left to reach a deal on the fiscal cliff. lawmakers from both sides hit the sunday shows to late out the latest battle lines in the fight. on "meet the press," the number three house republican reiterated that any new revenues should come from closing loopholes, not raising tax rates. >> the president wants the rates to go up, that doesn't solve the problem. if the president is asking for higher rates, he's asking for more revenue. most economists agree the best way to get that is through closing special loopholes. >> on the same program, number two senate democrat, dick durbin declared that if the country does go over the fiscal cliff, there's only one party to blame -- republicans. >> i can tell you i don't want to do it, the president doesn't want to do it but we need to solve the problem, we cannot allow the reckless position to drive this economy into another recession. a recession which the republicans will own. >> joining me from the white house, nbc's mike viquiera. mike, it sounds like the same old-same old. any new
first, though, with just over three weeks left to reach a deal on the fiscal cliff. lawmakers from both sides hit the sunday shows to late out the latest battle lines in the fight. on "meet the press," the number three house republican reiterated that any new revenues should come from closing loopholes, not raising tax rates. >> the president wants the rates to go up, that doesn't solve the problem. if the president is asking for higher rates, he's asking for more revenue. most...
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Dec 11, 2012
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on the fiscal cliff, nbc's first read team says any deal is fragile. the biggest obstacle right now. >>> "nour business" entrepreneur of the week. lauren wanted to introduce kimchi to mainstream america. with the former skills as a marketer, she created mother-in-law's kimchi using nonethic packaging to appeal to a mass market. for more, watch "your business" this sunday morning on msnbc. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or
on the fiscal cliff, nbc's first read team says any deal is fragile. the biggest obstacle right now. >>> "nour business" entrepreneur of the week. lauren wanted to introduce kimchi to mainstream america. with the former skills as a marketer, she created mother-in-law's kimchi using nonethic packaging to appeal to a mass market. for more, watch "your business" this sunday morning on msnbc. sometimes what we suffer from is bigger than we think ... like the flu. with...
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Dec 12, 2012
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to sdus fiscal cliff deals. a deal was not sealed. we're 20 days from the fiscal cliff. time becoming critical. congress going on christmas break two days from now, shannon travis following the snipping and deal making in washington. shannon, what's in the proposals? do you know? >> zoraida, this will be confusing for viewers. let's try to break this down as simple as possible. president obama and house speaker john boehner spoke yesterday evening after an offer from the white house and a counteroffer from republicans. the white house offer, the white house wanted 1.6 trillion in new revenue in terms of increased tax occasion -- reducing -- excuse me. increasing the rates on the wealthiest americans. now they are down to 1.4 trillion on monday. on tuesday, the republicans responded. we don't have a whole lot of details on that but bainary's office saying, you know what, white house? show us cuts to entitlement spending before we talk about entitlement reform. amid that back drop, since nothing is firm just yet. republicans and democrats are obviously still as you mention
to sdus fiscal cliff deals. a deal was not sealed. we're 20 days from the fiscal cliff. time becoming critical. congress going on christmas break two days from now, shannon travis following the snipping and deal making in washington. shannon, what's in the proposals? do you know? >> zoraida, this will be confusing for viewers. let's try to break this down as simple as possible. president obama and house speaker john boehner spoke yesterday evening after an offer from the white house and a...
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Dec 6, 2012
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. >>> the fiscal cliff countdown clock keeps on ticking tonight with no deal in place. just 25 days remain until the country could be pushed over the edge. today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> the president proposed a plan that members of his own party won't even vote for. >> now the president does want tax rates to go up on the wealthiest americans. republicans are standing behind their counteroffer to close tax loopholes and limit some deductions instead. they say the president needs to deliver a new plan that congress can pass. >>> let's take live look right now. this is the ellipse where we are just moment as way from the lighting of the national -- moments away from the lighting of the national christmas tree. erica grow has been
. >>> the fiscal cliff countdown clock keeps on ticking tonight with no deal in place. just 25 days remain until the country could be pushed over the edge. today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense...
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. >> is a deal still possible on the fiscal cliff? does either side have a viable fallback? what will this brinksmanship
. >> is a deal still possible on the fiscal cliff? does either side have a viable fallback? what will this brinksmanship
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Dec 8, 2012
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and a new factor complicating efforts to reach a deal over the fiscal cliff. the president needs to make the next move. >> it is not going to help our economy, and it is not going to help those seeking work. i came out to put revenues on the table and to take a step toward the president to resolve this. when is he going take a step toward us? >>> welcome back and time for a quick check of the head loins. headlines. john mcafee is fighting deportation from guatemala to belize. he is wanted for questioning in the death of a neighbor. he became a millionaire after developing anti-virus software. >>> and former south african president nelson mandela is undergoing testing at a hospital. the 94-year-old hasn't made public appearances for years. >>> and a massive typhoon devastating the philippines has made a u-turn. the storm already killed nearly 600 people, and now it is threatening to mick a second land -- threatening to make a second landfall. greg? >>> president obama asking pong for tens -- asking for tens and billions of dollars. he is calling for $64 billion
and a new factor complicating efforts to reach a deal over the fiscal cliff. the president needs to make the next move. >> it is not going to help our economy, and it is not going to help those seeking work. i came out to put revenues on the table and to take a step toward the president to resolve this. when is he going take a step toward us? >>> welcome back and time for a quick check of the head loins. headlines. john mcafee is fighting deportation from guatemala to belize. he...
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Dec 7, 2012
12/12
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with the fiscal cliff. the problem with closing loopholes is it's difficult to get anywhere near the type of revenue you can get from the rates on the higher income. >> fair enough. now if there is a compromise and you get the rates you want, don't you have to give up something? what key government function that's important to senator cardin would you put on the fable and a hey, i'll let this go to get something i want? >> we've always said it's got to be balanced between revenue and spending cuts. we understand and know we need to bring down the cost of healthcare. if we can bring down the cost of healthcare, we can save the economy money. >> would you be willing to see the medicare enrollment age raised? >> all that does is shift the cost to other people. we've got to bring down the cost of healthcare. our economy pay as to much for the healthcare dollars. we've got to get better results. >> is there anything else you can specifically put on the table? i got to press you on this that would hurt you the wa
with the fiscal cliff. the problem with closing loopholes is it's difficult to get anywhere near the type of revenue you can get from the rates on the higher income. >> fair enough. now if there is a compromise and you get the rates you want, don't you have to give up something? what key government function that's important to senator cardin would you put on the fable and a hey, i'll let this go to get something i want? >> we've always said it's got to be balanced between revenue...
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they're trying to work out a deal on the fiscal cliff. does this mean they're going to be on the way? we'll talk to congress members connie and mary mack. they'll weigh in. >>> and nasa finally explaining what those lights over texas were. is it worthy of the "x-files"? >> i love that reference. wind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dolla
they're trying to work out a deal on the fiscal cliff. does this mean they're going to be on the way? we'll talk to congress members connie and mary mack. they'll weigh in. >>> and nasa finally explaining what those lights over texas were. is it worthy of the "x-files"? >> i love that reference. wind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the...
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another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization who knew him is completely numb and has been numb the last couple days. football is a game of emotion. a lot of different emotions circulating. somehow how some way, we have to process it all and understand that life is different than football and we had a job to do today gressiv, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. music: "make someone happy" music:
another republican apparently willing to agree with tax hikes to get a deal on the fiscal cliff. that is the case now. what do republicans get in return? senator lindsey graham is live on that. martha: looks like a beautiful morning everywhere, doesn't it. new reaction as details are now emerging in yet another nfl football tragedy. this time a crash that killed a dallas cowboy player and left another player charged with manslaughter this morning. >> i think everyone in our organization...
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Dec 9, 2012
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. >>> we're 23 days and counting until the nation falls off the fiscal cliff. president obama and house speaker boehner are going m mano e mano in negotiations. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> it's hard to know. but they're not really talking right now. that's what's most incredible. you pointed out that there were speeches all week long. lot of ads on television. less than an hour of actual negotiating. one phone call between to president obama and house speaker boehner. democrats say they're not going to move until the republicans say they're going to be for higher tax rates on the wealthy. and then say what they want in return. in terms of spending cuts for those higher tax rates. the republicans say they aren't going to come forward until the democrats say more about how they want to cut spending. right now, we're stuck. now, it could be the well that is getting poisoned right now, as positions are going to harden but with all of these negotiations they sometimes look most dire before th
. >>> we're 23 days and counting until the nation falls off the fiscal cliff. president obama and house speaker boehner are going m mano e mano in negotiations. >> we had another week of massive trash-talking, are we closer or further away from getting a deal? >> it's hard to know. but they're not really talking right now. that's what's most incredible. you pointed out that there were speeches all week long. lot of ads on television. less than an hour of actual negotiating....
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cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in the democrat's hands. >> since we agree with the democrats, 98% of the american people and 80% of the bush tax cuts, i would get that off the table now so they don't worry about it. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates 2%, you won't generate enough revenue to have meaningful deficit reductions. >> republicans want big spending cuts to programs like medicare and social security. >> we don't want to be back here in another year or ten years answering the same questions. >> reporter: as talks continue on both sides of pennsylvania avenue, americans from main street to wall street wait to see who will blink first. brian moore, nbc news in washington. >>> bad news in afghani
cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in the democrat's hands. >> since we agree with the democrats, 98% of the american people and 80% of the bush tax cuts, i would get that off the table now so they don't worry about it....
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. >> reporter: president obama is back on the road today pedaling the plan to avoid the fiscal cliff. in washington republicans and democrats remain far from a deal. but sunday, a small sign of hope. mr. obama and house speaker boehner meeting face-to-face for the first time in nearly a month. >> any time you got two guystangoing you have a chance to get it done rouse a source says i would be encouraged not greatly but a little becauserepublicans may be ready to compromise. >> there is a growing group of folks looking at this and realizes that we don't -- realizing we don't have a lot of cards. >> reporter: some gop law makers are open to raising revenue especially holding the top rate below 36.9% and they are moving closer to entitlements with democrat saying he is open to means testing for medicare. >> those us with higher income in retirement should pay more and that could be part of the solution. >> reporter: if they can't strike a deal by the end of the year, spending cuts will go into he effect and every american will see a tax hike. >> it's going to be a lot of suffering among
. >> reporter: president obama is back on the road today pedaling the plan to avoid the fiscal cliff. in washington republicans and democrats remain far from a deal. but sunday, a small sign of hope. mr. obama and house speaker boehner meeting face-to-face for the first time in nearly a month. >> any time you got two guystangoing you have a chance to get it done rouse a source says i would be encouraged not greatly but a little becauserepublicans may be ready to compromise. >>...
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cliff deal in public. let's listen. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, we're going to do this and get it out of the secret meetings and into the public venues to the american people and the congress themselves, we're responsible for making intelligent decisions. that should be done publicly. but at some point, after public debate and so forth, yes, private negotiations can help bridge the gap and bring us to a successful conclusion. >> mary, what do you think? will that be a kiss of death? >> i don't think there's time, wolf, the president has been dragging its feet. we have a few numbers of days left before we go off the fiscal cliff and taxes are raised for everybody. so speaker boehner knows a caucus, a serious, mature sober leader. he knows what his principles are. he's a principled conservative, a mainstream businessman and knows what the issues are. the house should and is largely trusting him. >> and what do you think
cliff deal in public. let's listen. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, we're going to do this and get it out of the secret meetings and into the public venues to the american people and the congress themselves, we're responsible for making intelligent decisions. that should be done publicly. but at some point, after public debate and so forth, yes, private negotiations can help bridge the gap and bring us to...
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so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this comes on -- the speech is coming on a breaking news day jenna of what you and i were talking about and that is basically citigroup laying off 11,000 workers as the president is now speaking to the business roundtable. those layoffs at the nation's third biggest bank have begun. jenna: let's talk a little bit more about that, liz, that news came into our newsroom a couple of hours ago. you've been working this. learning more about also what is to come for the big bank. why is the bank making such massive job layoffs now and what is really to come in the next year or so? >> reporter: yeah, what we're talking about here is essentially this is citigroup, this i is the bank that got $476 billion in bailout help. it got the most bailout help of any bank. what happened was citigroup was -- its ceo had stepped down a couple months ago, now they have a new ceo by the name of michael corbett, an is working very aggressively to cut out the excess, the middle management layers,
so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this comes on -- the speech is coming on a breaking news day jenna of what you and i were talking about and that is basically citigroup laying off 11,000 workers as the president is now speaking to the business roundtable. those layoffs at the nation's third biggest bank have begun. jenna: let's talk a little bit more about that, liz, that news came into our newsroom a couple of...
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>> we'll be talking inside these fiscal cliff negotiations. top lieutenants on both sides, kevin mccarthy for speaker boehner and dick durbin, senator durbin, white house ally, and we'll touch on sir, yeah an ongoing crisis and a lot happening this week on that. newt gingrich joins our roundtable as well. the press pass up there we have rick santorum who has things to say about how this fiscal cliff negotiation is going. >> all right. sounds good, david gregory, thank you for joining us. >> see you in a few minutes. >>> let's go to chuck now. we're dealing with fog and slick roads out there. >> good morning, you guys. good sunday morning, everybody. today will not be the prettiest day to be outside. we'l >>> the national zoo says one of its bears may soon give birth. here's a picture of billie jean, andean bear, and she's pregnant with two small cubs. the vets say she built a nest and staying inside a little more. she's also eating less. they say that that's, you know, pretty much the same way she acted the last time that she gave by the way t
>> we'll be talking inside these fiscal cliff negotiations. top lieutenants on both sides, kevin mccarthy for speaker boehner and dick durbin, senator durbin, white house ally, and we'll touch on sir, yeah an ongoing crisis and a lot happening this week on that. newt gingrich joins our roundtable as well. the press pass up there we have rick santorum who has things to say about how this fiscal cliff negotiation is going. >> all right. sounds good, david gregory, thank you for...
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i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we have reached a crisis point in our country there's been an institutional response to it. we created a central bank. that has proved to be enormous for the past five years and important for years before that. post-world war ii, we create a system and the department of homeland security. i wonder if there's not an institutional -- >> some did not work as well as others. >> that is exactly right. it reflects our values and the focus of the government. we should have a department of homeland prosperity. we need somebody other than the president to think about american competitiveness. something we've taken for gra
i do think getting over the fiscal cliff, the deal getting closer to balance the budget is still very important. i do hope because of the discussion that tax reform is something that is taken seriously for this year. i think that is well overdue. there is not time to do it before december 31. it will give businesses a lot of assurances that the government is paying attention to what they are saying. >> you should tell barack obama to find a jim baker. >> think about each time we...
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fiscal cliff. danielle lee is on capitol hill, where lawmakers appear to be edging closer to an agreement. >> it's crunch time here in washington. analysts say president obama and speaker boehner have until the end of the week to reach a deal if lawmakers will get it passed by the friday before christmas. as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of everybody's income. >> the latest campaign stop had an announcement. business leaders warn this time of investment will suffer without a deal to avoid billions in tax increases and spending cuts next year. >> we have more than -- i think 103 ceos in town last week. the message was sit down, work it out. back in washington there's new momentum. yesterday p many p.m. and house speaker john boehner met one on one for the first time this year. then today staffers continued the private negotiations. the sooner the better, we all
fiscal cliff. danielle lee is on capitol hill, where lawmakers appear to be edging closer to an agreement. >> it's crunch time here in washington. analysts say president obama and speaker boehner have until the end of the week to reach a deal if lawmakers will get it passed by the friday before christmas. as a diesel engine plant, president obama stood his ground on the fiscal cliff. >> all congress needs to do is pass a law that would prehaven't a tax hike on the first $250 of...
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>> a local girl is not focused on the fiscal cliff -- her fight against cancer. jay korff joins with her story. >> everyone has heard of the make a wish foundation -- they raise funds for children with serious medical conditions. gabrielle miller, a local girl, is turning hurt moment into a movement of giving. >> early saturday morning parents and students poured into loudon country day school. >> i am happy for her. >> candidate to share in a christmas tradition. >> hear to write letters to santa. >> the requests are more like a written prayer than an appeal for a toy. >> we are asking for a cure for cancer so she will be ok. >> they are selfless, just legg gabriele miller, the student who inspired this. she began getting headaches and a mr reveali an inoperable brain tumor. but if you ask her -- >> sick is you have the flu, ill is you are going to die. she says she is sick, not ill. >> 8 qualify her to travel to paris and through the make a wish foundation. to g through her treatments, she thinks often of that trip. and she started a remarkable movement of givi
>> a local girl is not focused on the fiscal cliff -- her fight against cancer. jay korff joins with her story. >> everyone has heard of the make a wish foundation -- they raise funds for children with serious medical conditions. gabrielle miller, a local girl, is turning hurt moment into a movement of giving. >> early saturday morning parents and students poured into loudon country day school. >> i am happy for her. >> candidate to share in a christmas tradition....
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Dec 10, 2012
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now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yesterday's white house meeting, a spokesman for the president said "the lines of communication remain open." now that may be music to the ears of former white house chief of staff erskine bowles, one half of the bowles-simpson reduction duo. >> they started a tango now. you know, any time you got two guys in there tangoing, you have a chance to get it done. >> brianna keilar is live now from washington. we don't have a lot of details about what went on in that meeting. maybe if they're both not talking, that may be a good thing. >> that's right. in fact, we have almost absolutely no details. the things that really interesting, though, to observers here is the statement that came out from the white house and from the speaker's office. they're the same statement verbatim. they're not
now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yesterday's white house meeting, a spokesman for the president said "the lines of communication remain open." now that may be music to the ears of former white house chief of staff erskine bowles, one half of the...
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the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals, while nokia beat the company to the punch. there are also unconfirmed reports a stock clearinghouse firm is reducing the margin requirements on apple stock. apple lost $35 billion in market value yesterday. to put that into perspective, there are 417 companies listed on the s&p 500 index that have a market cap below $35 billion, so the jimmer fredet the majority of the s&p is valued at just below what apple lost yesterday. >>> a fairfax county woman will have to remove parts of her negative online review of a home contractor. the ruling was made
the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals,...
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Dec 10, 2012
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. >>> president obama and house speaker met at the white house to discuss the pending fiscal cliff. spokesperson says the to agreed to not release details of the conversation. they say the lines of communication remain open. they are trying to find a deficit cutting deal to stop the creation of automatic tax increases and scheduled cuts scheduled to begin at the beginning of the year. >>> same-sex couples tied the knot in washington state today. . [ applause ] voters legalized it last month. today, it was the first day marriage ceremonies could be performed. about 140 couples registered to get married this morning. courthouses in some cities began performing ceremonies at midnight. washington, maine and maryland are the first states to approve same-sex marriage by popular vote. they joined six other states where it is already legal. >>> washington state man is taking advantage of a newly legitimate practice much he's opening the first marijuana smoke shop. the owner says the opportunity couldn't have come at a better time. >> the way the economy is right now, i could lose it at any
. >>> president obama and house speaker met at the white house to discuss the pending fiscal cliff. spokesperson says the to agreed to not release details of the conversation. they say the lines of communication remain open. they are trying to find a deficit cutting deal to stop the creation of automatic tax increases and scheduled cuts scheduled to begin at the beginning of the year. >>> same-sex couples tied the knot in washington state today. . [ applause ] voters legalized...
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Dec 10, 2012
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avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part of a deal to actuall
avoid the fiscal cliff to get america's economy growing again. >> still have up certain that -- uncertainty that fuels doubts, stops people from making decision. >> bud washington's top leader, house speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance...
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Dec 10, 2012
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cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital today. he became south africa's first black president in 1994. >>> well an unexpected find in san francisco's bay is stirring some excitement. signs of the marine life in the water's off of vallejo were one particular ball. it has been spotted in more than a century. cbs 5 reporter with this fine and what it could mean. >> reporter: the city of vallejo was dred
cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted...
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Dec 11, 2012
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so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative minimum tax has been affecting more and more middle-class people, and the irs in particular is eager for congress to take a stand on patching up the minimum tax by december 31 because mostly they have to program their computers. host: the amt was part of our series on the different aspects of the fiscal cliff talks. you can go to our web site to find more details. today, the discussion is about domestic spending. if sequestration happens at the end of the month, and we are talking about $500 billion in domestic spending across the board, right, charles clark? guest: $500 billion over 10 years. $3
so, that is one of the many things in the fiscal cliff discussions that we also have to deal with. the social security payroll tax holiday that we have had for two years -- they have to decide whether to extend that by december 31, and there is also the issue of the alternative minimum tax, which is designed to make sure that everybody pays something in income tax, especially among the wealthy who might use deductions to bring their tax payments down to zero. the problem is the alternative...
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Dec 9, 2012
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at this point to avoid the fiscal cliff but there's important movement among republicans to accept president obama's demand for higher taxes on the wealthy. senator corker says there's a growing number willing to compromise and says it's the best route for republicans to take. he appeared on "fox news sunday" along with charles schumer. >> there's a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issues. so a lot of people are putting forth a theory and i think it has merit. you give the president the 2% increase he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. >> if speaker boehner ends up where senator corker said he is, we will get a large agreement. and but speaker boehner hasn't said that. and so we democrats realize that there has to be two sides of the bargain but we're not going back to 2011, putting revenues and cuts on the table and ended up with the cuts because the other side didn't accept the revenue. >> speaker boehner has yet to sit down with president obama o
at this point to avoid the fiscal cliff but there's important movement among republicans to accept president obama's demand for higher taxes on the wealthy. senator corker says there's a growing number willing to compromise and says it's the best route for republicans to take. he appeared on "fox news sunday" along with charles schumer. >> there's a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issues. so a lot of...
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. >> most of us know by now the fiscal cliff is looming. if lawmakers don't come up with a deal, our taxes will go up and dramatic spending cuts will affect agencies across the board, and that includes the food and drug administration. emily schmidt explains what it could all mean for your food. >> susan, the federal government says americans spend about a trillion dollars a year on food. there are two agencies responsible for food saety. the job is the same with less funding to make it happen. >> preparing for the holidays in the bennett's house, is a reminder of something else, a fiscal cliff deadline that's personal here. >> i can't imagine funding being cut at this point, it will be tragic. >> chloe was in the hospital from two weeks, luke for three. >> contaminated food sickens about 48 million people a year. so the fda foot safety and administration service -- the budget cut translates to a combined $157 million. there's no word exactly what cuts would mean to expecter staffing. >> they're already stretched then when it comes to the i
. >> most of us know by now the fiscal cliff is looming. if lawmakers don't come up with a deal, our taxes will go up and dramatic spending cuts will affect agencies across the board, and that includes the food and drug administration. emily schmidt explains what it could all mean for your food. >> susan, the federal government says americans spend about a trillion dollars a year on food. there are two agencies responsible for food saety. the job is the same with less funding to...
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Dec 8, 2012
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. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if congress does nothing, every family in america will see their income taxes go up on january 1st. a typical middle class family of four will get a $22 tax hike. that would be bad for families. it would be bad for businesses, and it would drag down our entire economy. >> we must get the national debt under control. tax increases will not solve our $sick teen trillion debt. only economic growth and a reform of entitlement programs will control the debt. >> let's say hello to our political panel. debbie is the former chair of vice president al gore's 2000 campaign in michigan. nice to see you. and chip is a former go
. >>> we are wrapping up a week where we heard negotiations on avoiding the so-called fiscal cliff were going no where on capitol hill. each side continues to dig in. but even if the president and house speaker john baner are able to reach a deal, there is no guarantee it would pass the lame duck congress. some say they are not sure they could go along with it. and some democrats might balk as well. everybody agrees that something has to be done, but so far no deal. >> first if...
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FBC
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they see this fiscal cliff at the end of the year. even if it is a bad deal, we will have much stronger growth at the back half. stuart: do they think president obama gets the credit for this? >> they were not really keen on saying that at that very moment. certainly, if we fall off the cliff, it will be the republicans fault. >> i think it will be a bad deal. i do not see serious spending
they see this fiscal cliff at the end of the year. even if it is a bad deal, we will have much stronger growth at the back half. stuart: do they think president obama gets the credit for this? >> they were not really keen on saying that at that very moment. certainly, if we fall off the cliff, it will be the republicans fault. >> i think it will be a bad deal. i do not see serious spending
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Dec 9, 2012
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WBAL
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. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to make holiday purchases within reason. >> they'll save us a lot of money. >> with the looming fiscal cliff, linda and mike martzen are changing holiday shopping habits this year, relying on coupons and shopping less in case the cliff goes over in the beginning of the year. they're not alone. >> buying more practical, stuff people want. >> trying to save more and buy less in case taxes do go up. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shop
. >> to washington and the fiscal cliff budget talks. if they fail to produce a deal, more than two million people will lose unamendment benefits a few days after christmas. nadia ram dishas more on shopping habits. >> alexandria, what do you want for christmas? >> furby and barbie. >> furby, barbie, and electronics are a taste of some of the must-have items this holiday shopping season and this ellicott city target store was bustling saturday with shoppers determined to...
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cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush tax cuts, to me i would get that off the table so they don't worry about it. >> reporter: democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income earners, you cannot generate enough revenue to have meaningful deficit reduction. >> reporter: republicans want big spending cuts to programs like medicare and says. >> we don't want to be back here in another year, another ten years answering the same questions. >> reporter: as the talks continue on both sides of pennsylvania avenu
cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush...
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more bluster from both sides of the fiscal cliff deal. but is there actually a deal in the making?
more bluster from both sides of the fiscal cliff deal. but is there actually a deal in the making?
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and forget the fiscal cliff. deal or no deal. a new wave of taxes are the set to kick in next month, because of obamacare, will it be on the edge? , we'll break it down. >> mike: good morning, i'm mike in for dave. like the federal government do you have the urge to splurge? why impulse buying may be costing you and your family an extra $200 per month. >> plus, the twinky, may be here to stay after all. how one man is trying to save hostess from the brink of extension. "fox & friends" hour three starts right now. >> ♪ >> good morning, everyone, thanks so much. mike jerrick is here. >> mike: hello, can i say quickly? tomorrow is my brother, tom jerrick's birthday in maryland, and he's always at church every sunday morning, say hi to tom jerrick. >> clayton: so he was the disciplined one of the family. >> alisyn: we're getting this, you were the black sheep. >> mike: what are you trying to say? we have six kids. >> clayton: i'm saying that he's the colonel and you're not. >> mike: i'm just corny. mike jerrick is here everyone, gr
and forget the fiscal cliff. deal or no deal. a new wave of taxes are the set to kick in next month, because of obamacare, will it be on the edge? , we'll break it down. >> mike: good morning, i'm mike in for dave. like the federal government do you have the urge to splurge? why impulse buying may be costing you and your family an extra $200 per month. >> plus, the twinky, may be here to stay after all. how one man is trying to save hostess from the brink of extension. "fox...